CHANTILLY, Va.--(BUSINESS WIRE)--Engility Holdings, Inc. (NYSE:EGL) today announced that it has been awarded an Indefinite Delivery Indefinite Quantity (IDIQ) contract with a $650 million ceiling to provide technical advisory services to the U.S. Agency for International Development (USAID). The five-year contract represents new work. Task orders issued under the IDIQ can be cost-plus-fixed-fee or firm-fixed price.
Through the Making Cities Work IDIQ, Engility will provide a broad range of technical services, including multi-year projects, to USAID/Washington bureaus and USAID missions worldwide in urban service delivery and related areas, including: water and sanitation; climate change; disaster preparedness, response and recovery; improved autonomy, transparency, responsiveness and accountability of urban and local governments; and improved urban and local finance, creditworthiness, and borrowing.
“The Making Cities Work award positions Engility to serve USAID anywhere in the world as the agency targets more and more of its programming to urban areas,” said Engility President and CEO Tony Smeraglinolo. “Development challenges – conflict and security, climate change, poverty, governance – are increasingly urban challenges.”
ABOUT ENGILITY CORPORATION
Engility is a pure-play government services contractor providing highly skilled personnel wherever, whenever they are needed in a cost-effective manner. Headquartered in Chantilly, Virginia, Engility is a leading provider of specialized technical consulting, program and business support services, engineering and technology lifecycle support, information technology modernization and sustainment, supply chain services and logistics management, and training and education for the U.S. Government. To learn more about Engility, please visit www.engilitycorp.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Engility’s future prospects, projected financial results, estimated integration costs and acquisition related amortization expenses, and business plans. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates” and similar expressions are also used to identify these forward-looking statements. These statements are based on the current beliefs and expectations of Engility’s management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. Factors that could cause Engility’s actual results to differ materially from those described in the forward-looking statements can be found under the heading “Risk Factors” included in our Annual Report on Form 10-K for the year ended December 31, 2013, and more recent periodic reports, which have been filed with the Securities and Exchange Commission (SEC) and are available on the investor relations section of Engility’s website (http://www.engilitycorp.com) and on the SEC’s website (www.sec.gov). Forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. In addition, historical information should not be considered as an indicator of future performance.